Stringing a 345-kilovolt transmission line along the Beltline is a great idea or a bad idea, depending on whose back yard or barnyard the line cuts across.
Madison Mayor Dave Cieslewicz expressed “very grave concerns” about using the Beltline as an electrical conduit across Dane County, one of three routes introduced today by American Transmission Co. to a group of about 50 civic leaders from throughout the county.
First off, Terrence Wall wants to make a couple of things perfectly clear.
No, he didn’t become the largest commercial real estate developer in Dane County off the family money – although those connections certainly didn’t hurt. His father, John, is retired owner of DEMCO, the successful local library supply company.
Mentions that the University of Wisconsin-Madison’s School of Business reports a 14.2% jump in companies interviewing on campus and a 6.2% raise in average salary for graduates – $47,021. UW Engineering Career Services says the average salary for engineers is up between 7% and 8%, with many new job seekers getting multiple offers, signing bonuses and relocation packages.
http://www.jsonline.com/story/index.aspx?id=425493
Mentions the winner of last year’s Governor’s Business Plan Contest: Madison-based Mithridion Inc., a company formed in late 2004 that is working on a drug developed at the University of Wisconsin-Madison that it hopes will either halt or slow the nerve damage associated with Alzheimer’s disease.
The public will be able to access on the Internet a list of companies competing for state contracts worth more than $10,000 under a new law.
Gov. Jim Doyle signed Thursday what’s become known as the “Contract Sunshine Act,” which says the Wisconsin Ethics Board must provide a list of companies competing for state business.
Are new high-voltage power lines needed in Dane County?
Before any new transmission line projects go forward, the County Board wants an independent study done to prove there’s a bona fide need for the lines and doesn’t want to just take the word of the American Transmission Co.
The University of Wisconsin-Madison’s School of Business reports a 14.2% jump in companies interviewing on campus and a 6.2% raise in average salary for graduates – $47,021.
The biggest mixed-use development in Madison history will move forward – barely.
After members raised concerns and scrambled to find a solution, the City Council early Wednesday approved $3 million in public assistance for Executive Management Inc.’s 11- story, $190 million University Square project near UW- Madison.
A $150 million project to transform University Square has won last-minute financial support from the city of Madison.
On a 12-6 vote early this morning, the Madison City Council agreed to back the project – which includes one UW office tower and one private student housing tower, along with retail and parking – with $3 million in tax incremental financing.
Dane County Board supervisors have joined with energy expert Nino Amato in calling for an independent study to see if Dane County really needs the new high-voltage power lines proposed by the American Transmission Co.
Board Chair Scott McDonell, other supervisors and Amato called for the study today at a press conference downtown. ATC’s own study shows a need for increased capacity in Dane County, especially in the southern half of the county, to meet expected electrical demands.
…One of the possible three routes would use the Beltline corridor, affecting sensitive areas such as the E-9 environmental corridor, the UW Arboretum and Odana Hills Golf Course.
Mentor Corp. has begun clinical testing of another botulinum product stemming from a licensing agreement with the Wisconsin Alumni Research Foundation.
The Phase 1 safety and dose escalation study involves a botulinum toxin type A product focused on treating the pain associated with adult onset spasmodic torticollis/cervical dystonia.
The UW-Madison School of Business was ranked 14th in the U.S. and 28th in the world in the Financial Times’ annual list of executive education providers.
Last year, UW was rated 15th in the U.S. and 26th in the world. In 2004, UW was rated 17th in the U.S. and 32nd in the world. In 2003, UW was rated 17th in the U.S. and 34th in the world.
This graduation weekend is bittersweet. One of the legendary hangouts on the University of Wisconsin campus is leaving.
Paisan’s is moving to make way for a new University building project and after more than five decades on campus, it’ll close its doors Sunday.
The old boys network has some new competition.
A high-powered group of female investors aiming to put money into young, high-growth, women- and minority-owned or managed businesses in Wisconsin and the Midwest said Tuesday it has raised $2.3 million of capital commitments.
After years of incubating high-tech start-ups, the University Research Park on the west side of Madison is branching out into a new niche: young artists.
The park’s MGE Innovation Center on Thursday will hold its first-ever gallery night. Some 90 paintings and sculptures from 13 Masters of Fine Arts candidates at the University of Wisconsin-Madison will line the incubator’s walls and hallways.
….Rather than focusing on tax breaks or other incentives, regions looking to grow their economy need to be investing in education, basic services and those “quality of life” things that make a place attractive.
A first step for any community, however, is to realistically assess its strengths and weaknesses, says Barry Bluestone, director of the Center for Urban and Regional Planning at Northeastern University.
….Bluestone also cautioned against putting too much stock in the latest fad, specifically the biotechnology and nanotechnology bandwagon.
Bluestone also says states should create clusters of regional economic activity where people can meet, share ideas and foster a positive atmosphere. The University Research Park in Madison would seem to qualify on that account.
Ending a rash of bar-time beatings and robberies downtown has become priority No. 1 for downtown police as concern increases among residents, students and business owners.
Ald. Mike Verveer said the vicious attacks over the past several weeks, four of them last weekend alone, threaten the perception of safety in the downtown area.
Madison Gas and Electric Co.’s profits jumped 40 percent in the first three months of 2006, thanks to its new power plant on the UW-Madison campus and another plant under construction near Milwaukee, the company reported Monday.
Ah, the magic of film.
Shoot Wisconsin from the right angle, and it can look like a farm community in New England, a bustling Midwest college campus, big-city mean streets or a remote windswept beach.
Old buildings? Got ’em. Jam-packed sports arena? Of course.
(Incentives approved by the legislature last week include use of state-owned buildings and locations free of charge as available.)
It probably wasn’t until the threat of losing e-mail service through the popular, handheld BlackBerry devices sent a shudder through the nation that most people were even aware of a growing trend: small companies, often with only a handful of employees, taking on the tech giants in big-bucks patent lawsuits.
Milwaukee and Madison fell 38 places and 21 places, respectively, in Forbes’ eighth annual “Best Places for Business and Careers Survey,” which ranks the 200 largest U.S. metro areas based on economic conditions and quality of life factors.
Increases in the cost of doing business and the cost of living, combined with declines in income growth and job growth, contributed to Milwaukee’s fall to No. 124 from No. 86 a year ago. Those same areas caused Madison to skid to No. 31 from No. 10 a year ago.
Quoted: James LaGro, chair of the department of urban and regional planning at the University of Wisconsin-Madison.
While extensive summer construction may bring headaches to those staying in Madison, when University of Wisconsin students return to campus and downtown areas this fall, they will notice many changes.
Researchers from across the state have received their first formal invitation to submit ideas that will formulate collaborative biological and medical research at Wisconsin Institutes for Discovery.
UW-Madison unveiled details of a competitive seed grant program Monday that will initially provide $3 million in funding for research at the $375 million facility expected to open in 2009.
“It is critical that these projects begin soon so that research is well under way when we are ready to move into this world-class facility,” said UW-Madison graduate school Dean Martin Cadwallader in a statement.
A month ago, Chancellor John Wiley announced a total of $100 million in donations toward the construction of an on-campus biomedical research complex. And now the University of Wisconsin is asking its scientists and researchers what they want to do with it.
Organizers of the planned $375 million Wisconsin Institutes for Discovery in Madison said Monday that they are looking for researchers from around the state to compete in a new seed grant program.
Compare the thinking and priorities of a university research professor and someone at an international financial firm, and they likely won’t be too similar.
This week at UW-Madison, however, representatives of academic, financial and business organizations from around the world connected in meetings and discussions about a computer program they all use. Users of the program from companies that included JP Morgan, Yahoo!, Micron Technologies and United Bank of Switzerland participated.
Scott Ruttencutter, 26, opened his Web design business last spring at his home in Windsor.
“I had people at my house all hours of the day, for about eight months,” he said, with a smile.
Today, Ruttencutter’s IQ Foundry has four employees and offices at Common Wealth Development’s Madison Enterprise Center, 100 S. Baldwin St. It has made money from the get-go, Ruttencutter said, and he expects to reach $1 million to $2 million a year in revenue, with a staff of 10, in a year or two.
A public forum addressing the role of postsecondary education in Wisconsin�s economy brought noted experts in the field, business leaders and University of Wisconsin System chancellors to the Pyle Center Thursday.
This is a Madison boomerang story. Times two.
Dan Olszewski is back in the state capital, for the second time. This time around, the Harvard MBA is heading the Weinert Center for Entrepreneurship at the UW-Madison School of Business.
He replaced Larry Cox, who took a job last year at Ball State University in Muncie, Indiana.
Mayor Dave Cieslewicz today pledged to fight against a high-voltage power line through the south side of the city.
He also said he will find more ways to band together with other cities to reach regional solutions that higher levels of government haven’t addressed.
In the mayor’s “State of the City” speech he was to deliver today to the Madison Downtown Rotary Club, Cieslewicz also plugged his idea for a local rail system of electric streetcars, calling diesel commuter rail “not a good fit for our city or region.”
Gov. Jim Doyle signed an executive order Tuesday directing the state Department of Commerce to spend at least $5 million over an indefinite period of time to encourage more stem cell companies in Wisconsin.
In a darkly hilarious scene from the 1975 comedy “Monty Python and the Holy Grail,” a collector of dead bodies wheeled his cart through a plague- ravaged medieval neighborhood. As he stopped to pick up another body, he was startled to hear the words “I’m not dead.”
He had encountered “the dead body that claims it isn’t.”
Something similar is taking place at the state Capitol with another “dead body that claims it isn’t.” But this time no one is laughing.
Although manufacturing and farming quickly come to mind whenever one thinks of Wisconsin exports, some of the state’s most valuable products are its advances in life sciences.
The state must do a much better job of harnessing that scientific capital for its own economic well-being and future prosperity. These issues were outlined in a series of articles this week by Journal Sentinel reporters Kathleen Gallagher and Susanne Rust.
Richard Meese, a UW-Madison graduate who is an economist and expert on foreign currency exchange rates, has given $1 million to to establish a professorship in applied econometrics at the UW.
“The university laid the foundation for my work success,” Meese, who manages research and strategy on global currency products for Barclays Global Investors and is a former economics professor at the University of California-Berkeley, said in a statement.
The faltering effort by the hard-core right in Wisconsin to put a constitutional cap on local government spending – ala Colorado’s TABOR – is rooted in the idea the state has too many lazy, entrenched, overpaid public employees.
Of course, few Republicans, including gubernatorial candidate Mark Green, have the guts to actually come out and say it that way. Instead, they talk about the need for government to “live within its means” just like all the “hard-working families” in Wisconsin, which we assume means white, suburban, SUV-driving GOP voters, who also own a small business.
But if you read between the lines or listen to the AM radio hate-jocks, it always comes back to the same blame game: too many liberal teachers, too many shovel-leaning streets workers, too many pencil-pushing bureaucrats.
Susan Armacost and Ed Fallone are passionate about the morality of human embryonic stem cell research. They are also worlds apart.
Armacost, legislative director of Wisconsin Right to Life, says the destruction of embryos necessary to obtain the cells is murder. Her organization has added embryonic stem cell research to its traditional issues of abortion, euthanasia and assisted suicide.
Fallone, president of Wisconsin Stem Cell Now Inc., says it’s wrong to put limits on research that many believe has the potential to cure diseases, including the juvenile diabetes that afflicts him, his father and his son. He formed his group to advocate for stem cell research in the state after President Bush was re-elected.
Although the long-term future of human embryonic stem cell research in Wisconsin depends on a political consensus, the issue does not fit neatly within the lines of Republican or Democratic, conservative or liberal.
It’s financial crunch time for Executive Management Inc.’s proposed $190 million University Square project near UW-Madison and two other big Madison projects.
The three developments — University Square, McGrath & Associates’ Union Corners on the East Side and Mortenson Investment Group’s Landmark Gate on the South Side — are seeking a total $10.9 million public aid from the city.
A yogurt-granola-and-fruit tart that won a national product development competition last summer could be the start of a business. At least, that’s what its creators are hoping.
The tart – centerpiece of the company, Healthy sTarts – was the most mouth-watering of the products and prototypes on display at UW-Madison’s Grainger Hall on Friday for the annual Burrill Technology Business Plan Competition.
And it came up a winner again, grabbing the $7,000 second-place prize.
Madison – A young company with a preventive solution to identity theft took home the $10,000 top prize in the 2006 G. Steven Burrill Technology Business Plan Competition, but if area investors want to keep this promising enterprise close to home, they better act quickly.
Two high-profile California companies – neither of which makes a profit – are the business face of embryonic stem cells in the United States.
Geron Inc. and Advanced Cell Technology Inc., which moved to California from Massachusetts in February, have publicly carried the torch for the promise of embryonic stem cells to produce therapies for spinal cord injuries and for diseases ranging from diabetes to Alzheimer’s.
Both are linked to Michael West, Advanced Cell Technology’s top executive and chief scientific officer. West founded Geron and oversaw its funding of some of the research that led to University of Wisconsin-Madison scientist James Thomson’s isolation of human embryonic stem cells in 1998.
For years, two of Wisconsin’s least-known exports have been among its most valuable: the intellectual and investment capital that help power the economic engines of states such as California and New York.
The Wisconsin Alumni Research Foundation, among this country’s most successful university patenting and licensing organizations, has licensed most of the University of Wisconsin-Madison’s life sciences technologies to out-of-state companies.
The State of Wisconsin Investment Board – the 25th biggest pension fund in the world, managing $76 billion – has used firms that focus on places such as Boston and the Silicon Valley to make virtually all of its venture capital investments in young businesses.
The work of Wisconsin stem cell scientists is re-emerging as some of the most promising in the world, eight years after the era of human stem cell research dawned in a lab here.
The focus on fundamental research at the University of Wisconsin-Madison has been eclipsed at times by the quest for dramatic breakthroughs and massive government funding elsewhere.
http://www.jsonline.com/story/index.aspx?id=418178
For years, two of Wisconsin’s least-known exports have been among its most valuable: the intellectual and investment capital that help power the economic engines of states such as California and New York.
The Wisconsin Alumni Research Foundation, among this country’s most successful university patenting and licensing organizations, has licensed most of the University of Wisconsin-Madison’s life sciences technologies to out-of-state companies.
The State of Wisconsin Investment Board – the 25th biggest pension fund in the world, managing $76 billion – has used firms that focus on places such as Boston and the Silicon Valley to make virtually all of its venture capital investments in young businesses.
Now human embryonic stem cells, first isolated in UW research labs, are providing a once-in-a-generation opportunity to change that dynamic.
Gov. Jim Doyle moderates at the State Building Commission meeting Wednesday. The Commission approved the building of a biotechnology research facility on campus. (Justin Koenig/The Daily Cardinal)
The State Building Commission agreed to pay $50 million in state funding for the preliminary phase of the Wisconsin Institute for Discovery Wednesday, finalizing approval by a seven-to-one vote. The Institute would provide an interdisciplinary biotechnology research facility on the UW-Madison campus.
After several down years, University of Wisconsin officials have good news for graduating seniors: the job market looks good.
If all goes as planned, the University of Wisconsin may see the on-campus construction of a premier biotechnology research institute begin as soon as next December.
Bill Johnston is coming home.
He’s been gone a while. The Janesville native and UW- Madison graduate who began his newspaper career 33 years ago delivering ad proofs for Madison Newspapers (now Capital Newspapers) was named publisher of the Wisconsin State Journal Tuesday.
A team of UW-Madison MBA students placed first in the annual Center for International Business Education and Research MBA International Business Case Competition, held here earlier this month. MBA student teams from across the globe took part.
Message to the State Building Commission:
Wednesday you will be considering a proposal for a $150-million public-private hub for biomedical research at UW-Madison. This new kind of “sci-tech” research center, called the Wisconsin Institutes of Discovery, would give our state a chance to lead the nation in curing disease, creating jobs and training the next generation of leaders.
Don’t blow it.
Tuck the memories of hot fudge sundaes and grilled Danish into tissue.
With regrets all around, the Madison Landmarks Commission on Monday decided the Rennebohm Building at 1353 University Ave. isn’t a city landmark.
That unanimous decision means that UW-Madison can bring a little less guilt to the city Plan Commission Wednesday when they unveil the first stage of the Institutes of Discovery, a $375 million state-of-the-art research center to be built on a wedge of land between University and Randall avenues and West Johnson and Charter streets.
The University of Wisconsin-Madison ranked fifth among American universities in the number of patents it was awarded in 2005, up from eighth in 2004, the U.S. Patent and Trademark Office has announced.
Transport 2020 meeting set
Planning for future transportation needs in Dane County and Madison is going into high gear.
Transport 2020, the long-range study jointly sponsored by Madison, Dane County and the state, will concentrate on refining its initial recommendation over the next 16 months, hoping to come up with a final recommendation in summer 2007.
More than a dozen governors made appearances last week at Bio 2006. But states now chase molecular biologists the way they once chased smokestacks. And biotechnology’s progress and its potential has states and countries’ scrambling to establish themselves as centers – or at least participants – in what is considered the industry of the future.
University of Wisconsin professor Mark Fedenia brought 20 master�s students to Omaha last fall. He described Buffett as a principled person who has a message for those about to start their careers.
From the 95th floor of the John Hancock building, with the sun setting in colorful streaks above the glittering lights of Chicago, the view was spectacular for the 250 people attending an invitation-only Wisconsin reception Monday night for participants at BIO 2006, the biotechnology industry’s annual convention.
The price of natural gas is expected to remain both volatile and high for years, making it all the more urgent for businesses and homeowners to take steps to reduce their usage, energy experts said Wednesday.
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“High energy prices are not temporary, they are the new reality,” said Dan York, senior research associate with the American Council for an Energy-Efficient Economy, during a forum sponsored by the University of Wisconsin-Madison’s Public Utility Institute. “Midwest states must plan accordingly.”
UW-Madison moved up to fifth last year from eighth in 2004 in the rankings of universities or university systems with the most intellectual property activity, the U.S. Patent and Trademark Office announced.
UW-Madison was awarded 77 patents in 2005, up from 64 in 2004 and the most in the Big Ten.
At the University of Wisconsin, Procter & Gamble has developed a seminar covering persuasive selling, the art of negotiation and other skills, as well as a sales competition for M.B.A.s. In the contest, student teams pitch a new Pantene shampoo line to two P&G managers and a buyer from Target.
California’s $3-billion stem cell program has encountered repeated setbacks since it was approved by voters 17 months ago. Now it faces an entirely new and potentially even more worrisome challenge arising from two powerful patents ââ?¬â? patents No. 5,843,780 and No. 6,200,806, to be exact ââ?¬â? which cover all human embryonic stem cells and the method by which they’re made.
Patents are supposed to stimulate innovation. That’s why they exist. But it appears that these two patents, held by a foundation affiliated with the University of Wisconsin, may exert a dangerous monopoly over all future research in the field ââ?¬â? one that may pose an even greater long-term threat to stem cell science than the Bush administration’s federal funding ban.
